Which of the following is usually expressed in the form of a percentage?
A) rate of interest
B) principal of the note
C) time of the note
D) discount of the note

Question

Quizplus · Accepted Answer

The rate of interest is typically expressed as a percentage, representing the percentage of the loan amount charged as interest over a certain period of time. The principal, time, and discount of a note may be expressed as dollar amounts or numerical values, but they are not typically represented as percentages.

Which of the Following Is Usually Expressed in the Form